Establishing one’s own business and growing it to great success is a challenging endeavor. For instance, data from the United States Bureau of Labor Statistics show that a majority of new businesses fail within the next 15 years. Just having a business remain standing after this period of time is an achievement in and of itself. To have it in a prominent leading position and continuously growing even after this length of time is truly an impressive feat.
Achieving this success is a significant boon to one’s financial and personal life. A well-established and successful business initially requires large and various investments in the form of capital, research, time, and effort. At a certain point, however, a successful business grows large enough to be able to continue to snowball, growing larger and larger with little of its founder’s input. At this point, the establishing entrepreneur is rewarded with the holy grail of business: passive income. Business revenues become sufficient to secure the personal and financial future of its stakeholders. At the same time, the presence of well-established organizations, logistics, systems, and teams dramatically frees up the original creator’s time, who is then able to freely work on other ventures, both personal and financial.
In his role as the CEO and founder of ATMMachines.com LLC, Justin Gilmore is one entrepreneur who has achieved this kind of zenith in his entrepreneurial journey. Having been in the ATM business for more than 14 years, Justin’s company has become one of the leading names in the industry and operates hundreds of ATMs all over the United States. Currently reaping the rewards of the decades of diligence he has invested, Justin now uses his time to train new, ambitious entrepreneurs in the ATM business. Through this venture, he hopes to further grow his own business and share his rags-to-riches journey of self-made success.
Justin’s intentions are rooted in his own history with the ATM business, which for him, was the key to escaping poverty and growing to live a comfortable life. Far from the secured CEO, he is now, Justin started his entrepreneurial journey in dire straits after getting expelled from school at 15 years old. The same difficulties that caused him to leave behind his education also forced him to become financially responsible at an early age. By 16 years old, he was not only working a full-time job but also taking any side gigs he could get and learning about entrepreneurship in his spare time. Some of the more successful odd jobs Justin would take were the buying and selling of pizzas for an elevated price and sales of odds and ends via eBay. Most others, however, ended in failure. Justin says this taught him to dust himself off, assess and learn from the experience, and move on.
Justin’s introduction to the ATM industry would serve as his big break. His experiences in his past ventures would turn out to be excellent preparation for his ATM venture, while his hunger for success fueled him to greater and greater heights. Just two years into the industry, he was able to raise himself up to be able to earn more than $15,000 a month. Justin’s business would slowly and surely expand from a one-man company to his current closely-coordinated team of 14.
Sixteen years since he entered the ATM business, Justin’s ATMMachines.com LLC now owns more than 600 ATMs and processes a further 1,200 all over the United States. Beyond just surviving the business’s first 15 years, Justin has continued his growth mindset, purchasing a further 20 to 30 units every month and continuously expanding through the internet. As the most recent part of his drive to expand, the company began to offer courses, training, and mentorships regarding owning and operating one’s own ATM business for any aspiring entrepreneurs. By providing this type of quality training with little initial capital required, Justin hopes to save those who find themselves in the precarious financial position he once was.
You may follow Justin Gilmore and ATMMachines.com LLC through their website or their Instagram, @atmmachines_com.
